Currently, the daily chart shows a two consecutive bearish trend, with the market gradually approaching the lower Bollinger Band, and the Bollinger Band remains in a downward opening state, indicating that it has entered a downward channel. The frequent upper shadows above the bearish candles indicate strong selling pressure from above.

Looking at the four-hour chart: Although the market rebounded after breaking below the lower Bollinger Band, the strength of the rebound is very weak, and the volume for recovery is severely insufficient, so the overall trend will not show a significant reversal. In terms of operation, it is advisable to follow the trend and look for a pullback, with the rebound continuing to be limited.

Trading Suggestions

Bitcoin: 102500-103500 range, target 10000-101500

Altcoin: 3500-3600 range, target 3200-3400

(Personal opinions are for reference only; everything is subject to actual trading!)

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